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Bay Area Specialty Trade Plumber For Contractors and Builders! (71399)

ConstructionFor Sale in CA

Listing ID: Bay Area Specialty Trade Plumber For Contractors and Builders! (71399) | Broker Listing ID: BLP860431

Financial & Assets Details

$893,000
$155,000
$210,000
$15,000
Yes
1,600+/-

About the Business

1950; acquired in 1980.
8 nonunion.
$1,850
Yes

Business Description

This over 60-year-old Californian Company is a specialty trade contractor offering plumbing installation and repair services for contractors and builders. The company’s primary services include new home construction as a key focus, as well as residential remodels and repairs. The company operates from a 1,600-square foot facility, which it leases from a third party. Offering these services requires a facility to store materials, tools, and equipment. The company has a proven track record, supported by its 68 years of ongoing business. With its niche range of services, the company’s marketing efforts focus on targeting commercial enterprises, builders and contractors within the Bay Area. Revenues continue to increase because of the focus on new home construction and remodeling projects. In 2021, the company’s total revenue was $893,000 rounded with an EBITDA of $155,000. 2022 is projected to go back over a million dollars in revenue to be more in line with years prior to Covid. With a large customer base and solid reputation, the company continues to attract new customers while maintaining its reputation with existing ones.

Seller Financing

Financing can be negotiable for the right buyer.

Location Details:

2019 EBITDA Profits of $195,500!

Support & Training

While the foreman and employees would most likely stay on, the owner will be available for a standard transitioning period.

Reason for Selling:

Pursuing other interests.

Listing ID: Bay Area Specialty Trade Plumber For Contractors and Builders! (71399)

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